Tony Elumelu Foundation invites application from African entrepreneurs
Apply before March 31 if you have business ideas
The Tony Elumelu Foundation (TEF) is calling for applications from suitably qualified individuals for the 2021 edition of the Tony Elumelu Entrepreneurship Programme.
Budding and established entrepreneurs have till March 31 to put in their applications and stand a chance to receive world-class business training, mentorship, non-refundable seed capital up to $5,000 (About N2m), and global networking opportunities .
This year’s intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the Covid-19 disruption to economic activities.
The foundation says it will empower over 3,500 young African entrepreneurs this year in collaboration with its global partners.
The Director of Partnerships & Communications at the Tony Elumelu Foundation, Somachi Chris-Asoluka said:
“Africa’s growing, and active youth population must take advantage of this opportunity and apply for the programme before the 31st of March, as their full participation will create a pathway to economic prosperity.
“This year, we have the capacity to empower more African entrepreneurs than ever, further ensuring that they have adequate training, funding and mentorship to boost their performance. It is time for young African entrepreneurs to embrace this much-needed support system to enable thriving and sustainable economic activity. We believe we will continue to see exponential change in sectors across the continent.”
The Tony Elumelu Foundation’s $100million Entrepreneurship Programme, is in its 7th year and has empowered over 9,000 young African entrepreneurs from 54 African countries.
Prospective applicants should apply on the digital networking hub for African entrepreneurs here
